Mexico · Financial institution
Banco Citi Mexico S.A., Institucion de Banca Multiple, Grupo Financiero Citi Mexico
Legal name in the LEI recordBANCO CITI MÉXICO S.A. INSTITUCIÓN DE BANCA MÚLTIPLE, GRUPO FINANCIERO CITI MÉXICO
Banco Citi México is a multiple banking institution (institución de banca múltiple) incorporated in Mexico and based in Mexico City. It is a subsidiary of Grupo Financiero Citi México, S.A. de C.V., which belongs to Citigroup Inc. The bank serves financial institutions, governments, investors, multinational and domestic companies and high-net-worth clients with corporate, investment and private banking services. It operated as CBM Banco until 1 December 2024, when it took over the institutional business separated from Banamex and adopted its current name.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Regulatory status
FSB · global systemically important banks
2025 list
- G-SIB
- Citigroup
- Relation
- In a G-SIB groupGLEIF records a G-SIB entity as this legal entity’s ultimate parent. The bucket applies to the group, and membership does not make this entity a bank.
- Bucket
- 3 of 5 · extra capital buffer 2.0% of risk-weighted assets
- On the list since
- 2011
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- CITIMXMMXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under CITIMXMM directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 8 branch codes
- BIC first registered
- 2024-02-26
- Last updated
- 2025-03-07
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
Grupo Financiero Citi México, S.A. de C.V.
Institution type
Commercial bank
Trades as Citi México
- Standing
- Renamed from CBM Banco, S.A., Institución de Banca Múltiple, Integrante del Grupo Financiero Citibanamex with effect from 1 December 2024. On that date it took over the institutional and private banking business separated from Banco Nacional de México (Banamex) as successor in title.
- Ownership
- The bank is a subsidiary of Grupo Financiero Citi México, S.A. de C.V., which is owned by Citicorp (México) Holdings LLC and Citi GSCP Inc., both subsidiaries of Citigroup Inc.
- Direct parent
- Grupo Financiero Citi México, S.A. de C.V., Mexico
- Ultimate owner
- Citigroup Inc., United States
- Head office
- Prolongación Reforma 1196, Piso 24, Col. Santa Fe Cuajimalpa, Alcaldía Cuajimalpa de Morelos, 05348 Ciudad de México, Mexico (registered office: Calle Moras número 850, Colonia Acacias, Benito Juárez, 03240 Ciudad de México, Mexico (legal address in the LEI record))
- Company register
- 12401448 (registration identifier shown in the GLEIF LEI record)
- Name in the local language
- Banco Citi México, S.A., Institución de Banca Múltiple, Grupo Financiero Citi México
- Former name
- CBM Banco, S.A., Institución de Banca Múltiple, Integrante del Grupo Financiero Citibanamex
Business lines
The bank serves institutional, corporate, public-sector and private banking clients and has no consumer or mortgage loan book, according to its March 2026 disclosures.
Online
- Websites & references
- citigroup.com ↗
citigroup.com/global/about-us/global-presence/mexico ↗ Citi Mexico country page on the group site, which carries the bank's regulatory disclosures
citi.com ↗ Mexico site named in the bank's investment services guide (not fetched) - Official social accounts
- None found
Sources · 10 pages consulted
- citigroup.com/rcs/citigpa/storage/public/Disposiciones_CBM_MAR2026_.pdf
- citigroup.com/global/about-us/global-presence/mexico
- citigroup.com/rcs/citigpa/storage/public/Semblanzas_miembros_Consejo_Administracion_Banco.pdf
- citigroup.com/rcs/citigpa/storage/public/BCM_4Q25_reportetrimestral_dictaminado.pdf
- bmv.com.mx/docs-pub/eventemi/eventemi_1423619_1.pdf
- bmv.com.mx/docs-pub/acueordi/acueordi_1494001_1.pdf
- citigroup.com/rcs/citigpa/storage/public/Reporte-de-la-Administracion-GRUPO_CITI_Mzo25.pdf
- banxico.org.mx/publicaciones-y-prensa/reportes-sobre-el-sistema-financiero/%7BD944A021-26D6-5523-883C-9F
- bloomberglinea.com/latinoamerica/mexico/citi-cambiara-de-ceo-en-mexico-a-un-ano-de-separarse-de-banamex/
- expansion.mx/economia/2026/03/12/citi-mexico-financiaremos-proyectos-de-energia-del-plan-de-infraestru
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Luis Brossier Márquez Director General
- Chair
- Julio Santiago Figueroa Presidente del Consejo de Administración
- Chief financial officer
- Héctor Ramírez Daccach Director de Finanzas
- Executive
- José Antonio González Dorantes Director de Contraloría
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Mexico
- National Banking and Securities Commission (CNBV) Prudential supervisorAML supervisorSecurities
- Mexico
- Bank of Mexico (Banxico) Central bankForeign exchange
- Mexico
- Ministry of Finance and Public Credit (SHCP) Other
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
Luis Brossier took office as director general on 1 March 2026. He succeeded Álvaro Jaramillo, who had led the bank since December 2024.
expansion.mx ↗ -
Other
The CNBV designated Banco Citi México a locally systemically important bank from April 2025, according to the Bank of Mexico.
banxico.org.mx ↗ -
Merger / acquisition
The bank took over Banamex's institutional and private banking business with effect from 1 December 2024 and changed its name from CBM Banco.
bmv.com.mx ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- CITIMXMMXXX
- How the BIC breaks down
- CITIBank
- MXCountry · Mexico
- MMLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 529900H31AYI6WA1J534
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Mexico · Latin America & Caribbean
- FSB G-SIB list
- In a G-SIB group · Citigroup list of 2025
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
- Ultimate parent
- Citigroup Inc. · United States6SHGI4ZSSLCXXQSBB395 ↗
- FSB G-SIB list
- In a G-SIB group · Citigroup bucket 3 · 2025 listGLEIF records a G-SIB entity as this legal entity’s ultimate parent. The bucket applies to the group, and membership does not make this entity a bank.
The Citigroup Inc. group has 143 institutions in the directory, in 90 countries: all hold a BIC.
Including Citibank N.A., Citibank N.A., Citibank N.A., Citibank Europe PLC, Citibank NA.
See the Citigroup Inc. group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- 850,MORAS,AVENIDA RIO MIXCOAC MEXICO CITY 03240 MEXICO
- Operational address
- THE SUMMIT SANTA FE FLOOR 26 PROLONGACION PASEO DE REFORMA 1196 COL. SANTA FE MEXICO CITY 05348 MEXICO CITY MEXICO
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>CITIMXMMXXX</BICFI>
<LEI>529900H31AYI6WA1J534</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>CITIMXMMXXX</BICFI>
<LEI>529900H31AYI6WA1J534</LEI>
<Nm>BANCO CITI MEXICO S.A., INSTITUCION DE BANCA MULTIPLE, GRUPO FINANCIERO CITI MEXICO</Nm>
<PstlAdr>
<TwnNm>MEXICO</TwnNm>
<Ctry>MX</Ctry>
<AdrLine>850, MORAS, AVENIDA RIO MIXCOAC MEXICO CITY 03240</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branches and correspondent banking
All 8 branch BICs connect to the head office. They are all in Mexico, and no function or registration year splits them further. 2 other banks publish 2 accounts held with this bank.
- Own offices
- Respondent banks: they hold accounts here
Hover over a branch, account or group to see its details
Respondent banks
From the correspondent lists other banks publish
2 other banks publish 2 accounts held with this bank.
| Currency | Respondent bank | Held at | Account | Purpose | Published in |
|---|---|---|---|---|---|
| MXN | Deutsche Bank AG Germany | CITIMXMMCVT | 48200012 Clabe 124180000482000123 | FX and FX options cash | corporates.db.com ↗ dated 13 Jul 2026 |
| MXN | DNB Bank ASA Norway | CITIMXMMCVT | 0028202066 | CLABE 124180000282020662 | content.dnb.no ↗ dated 2 Feb 2026 |
Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| CITIMXMMCVT | VOSTRO ACCOUNTS | Mexico | THE SUMMIT SANTA FE FLOOR 26 PROLONGACION PASEO DE REFORMA 1196 COL. SANTA FE MEXICO CITY 05348 MEXICO CITY MEXICO | — | 2025-03-07 |
| CITIMXMMGUA | — | Mexico | THE SUMMIT SANTA FE FLOOR 26 PROLONGACION PASEO DE REFORMA 1196 COL. SANTA FE MEXICO CITY 05348 MEXICO CITY MEXICO | — | 2025-03-07 |
| CITIMXMMINV | INTERNATIONAL CUSTODY | Mexico | THE SUMMIT SANTA FE FLOOR 26 PROLONGACION PASEO DE REFORMA 1196 COL. SANTA FE MEXICO CITY 05348 MEXICO CITY MEXICO | — | 2025-03-07 |
| CITIMXMMLEO | — | Mexico | THE SUMMIT SANTA FE FLOOR 26 PROLONGACION PASEO DE REFORMA 1196 COL. SANTA FE MEXICO CITY 05348 MEXICO CITY MEXICO | — | 2025-03-07 |
| CITIMXMMMTI | MONEY TRANSFER INVESTIGATIONS | Mexico | THE SUMMIT SANTA FE FLOOR 26 PROLONGACION PASEO DE REFORMA 1196 COL. SANTA FE MEXICO CITY 05348 MEXICO CITY MEXICO | — | 2025-03-07 |
| CITIMXMMMTY | — | Mexico | THE SUMMIT SANTA FE FLOOR 26 PROLONGACION PASEO DE REFORMA 1196 COL. SANTA FE MEXICO CITY 05348 MEXICO CITY MEXICO | — | 2025-03-07 |
| CITIMXMMPUE | — | Mexico | THE SUMMIT SANTA FE FLOOR 26 PROLONGACION PASEO DE REFORMA 1196 COL. SANTA FE MEXICO CITY 05348 MEXICO CITY MEXICO | — | 2025-03-07 |
| CITIMXMMPYM | PAYMENT ORDERS DEPT | Mexico | THE SUMMIT SANTA FE FLOOR 26 PROLONGACION PASEO DE REFORMA 1196 COL. SANTA FE MEXICO CITY 05348 MEXICO CITY MEXICO | — | 2025-03-07 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
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